How To Select a Commercial-Ready Site for Your Business in Bensalem, PA

If you are looking for a site for your business in Bensalem, PA, you have probably noticed that there are many different options. With so many commercial options available in Bensalem, the process of determining which factors to prioritize when selecting a site can be very intimidating for business owners.  

The Bensalem Economic Development Corporation is here to help business owners through every step of developing and growing their businesses. Here are some of the most important factors we recommend considering as you look for a new, commercial-ready site. 

Warehouse Space vs. Office Space 

It is imperative to know how much space you will need for all the elements of your business. If you are opening a store, you will need some type of storage space for inventory and at least one office for your manager.  

If you are opening an office building, your ratio will look different. You may require some storage for supplies, but most of your space will be needed for offices. Understanding all of your needs will help you select a site that is move-in ready for your business in Bensalem, PA. 

Visibility Needs 

The visibility of your site can determine how many customers you can attract. A site in a busy downtown space will offer increased foot traffic from residents and nearby workers. This is typically more important for a retail business than something like an office building. 

Relatedly, the quality and location of your business’s sign can make a huge impact on potential customers. If you need a large, high-quality sign to attract new customers to your business, make sure your site offers that. 

Location 

Bensalem, PA, is a great city for businesses, and like all cities, different areas of town offer different benefits. If you anticipate many employees commuting in from other areas, you will want to choose an easily accessible location for them near public transit, major highways, or parking garages. 

If you anticipate a lot of meetings with professionals based in other major metropolitan areas, you may want to choose a location with easy access to Philadelphia, New York City, and major airports. 

Lease or Buy? 

Look carefully at your business’s financial situation and outlook to help determine whether it makes more sense to lease or buy a space. Leases offer more flexibility, but the flip side is that they only guarantee the space for the duration of the lease.  

Purchasing a commercial-ready site is a big investment but offers more stability for you — you are much less likely to be forced to move out. It can also offer tax benefits for your business.  

Bensalem Economic Development Corporation Can Help 

The Bensalem Economic Development Corporation is here to help you and your business in Bensalem, PA, every single step of the way. Our team can provide access to sites and funding for businesses, as well as to networking opportunities and other resources for business owners. Call or email our team to learn more about how we can help you and your business thrive.